What is the TDC?
The Trustee Director Course (TDC) is a comprehensive two level learning pathway designed to provide relevant learning experiences to enhance trustee director and fund executive performance in providing a better retirement outcome for working Australians.
The role of a trustee director involves a unique blend of corporate directorship and superannuation governance – which is very different to the role of a corporate director. The TDC is unique in the field of education as its primary focus is the superannuation industry. Consequently it is been designed to provide core skills and capabilities to enable trustee directors to:
- Guide the fund strategy
- Make decisions in the members' best interests
- Monitor the impact of these decisions
What are the key differences between the two levels of the TDC?
Build your expertise (level one) is suitable for directors moving into the superannuation industry, newly appointed trustee directors and aspiring trustee directors. The course focuses on developing the skills and knowledge of the individual, with an emphasis on the superannuation industry and its regulatory environment. The duties and obligations of trustee directors are explained and technical skills relating to financial, investment and board reports are practiced. Refer to our fact sheet for full course details.
Enhance your excellence (level two) is suitable for more experienced trustee directors. It focuses on enhancing the skills and knowledge of the board as a collegiate body, with emphasis on board culture and governance. The development and oversight of fund strategy and the associated decision making and risk considerations are key elements of this course. Refer to our fact sheet for full course details.
Why complete the TDC?
The core skill set of a trustee director is fundamentally different to that of a corporate director. This course focuses on the skills required of a trustee director, unlike other courses that focus on corporate directors.
The TDC has been developed by the superannuation industry with a focus on the duties and obligations of trustee directors. It covers the areas specific to the enhanced regulatory environment of superannuation including leadership, committee structures, financial reporting, investment governance, insurance and specialised areas such as defined benefits.
APRA has observed that the course covers all of the required enhanced trustee director obligations in a practical and experiential manner. The TDC provides a robust education framework to support trustee director education, given the increasingly higher levels of scrutiny of board effectiveness and individual director performance.
The TDC provides a level of education not seen before in the industry and has been designed with the industry’s support and involvement to address the need for raised standards in training, addressing current areas of challenge and change in governance.
Do trustee directors need to complete both levels of the TDC?
The TDC recognises the skills and experience of trustee directors by offering two different levels of education to suit both those new to the role, and those seeking further professional development.
It is also possible to complete modules of each course to address skills gaps and build professional capacity.
Build your expertise (level one) is suitable for directors moving into the superannuation industry, newly appointed trustee directors and aspiring trustee directors.
Enhance your excellence (level two) is suitable for more experienced trustee directors.
What recognition is provided upon completion of the TDC?
Successful completion of the full course and assessment for the Trustee Director Course Build you expertise (level one) provides recognition in the form of 36 CPD hours and the use of the post-nominal GAIST.
Successful completion of the full course and assessment for the Trustee Director Course Enhance your excellence (level two) provides recognition in the form of 40 CPD hours and the use of the post-nominal GAIST (Adv.).
Completion of individual modules and the relevant assessments provide CPD hours as appropriate. Refer to the relevant Fact Sheet for further information.
What options are available to complete the TDC?
The locations and dates to register for upcoming courses are available on our website
Each level of the course can be completed over 5 days, or can be completed progressively by registering in the various modules over any time period.
Registrants can also choose to complete individual modules, suitable to their development needs, without completing the full course.
Can I complete the course 'in-house' or complete certain modules only?
AIST recognises that public dates don’t always suit trustee directors. Therefore we are happy to discuss “in-house” programs if your fund can provide one or more of the following: venue, equipment and catering. To discuss your needs contact Sally Graham, Education Programs Manager on 03 8677 3840 or at firstname.lastname@example.org
In addition, registration is available for individual modules for both levels of the course. Refer to for further details.
How do I know which education courses a Trustee director should attend?
AIST offers a complimentary consultancy service where Chairs, or those appointed to manage the skill development of trustee directors and fund executives, can discuss the collective and individual needs of trustee directors. This enables the fund to create individual development plans to address any gaps in expertise. The resulting documentation also provides evidence to assist in satisfying the Fit and Proper prudential requirements.
To arrange a complimentary consultancy service contact Sally Graham, Education Programs Manager on 03 8677 3840 or at email@example.com
How does the TDC benefit those who complete it?
Graduates of the TDC have described the course experience as valuable, challenging and empowering.
Read what graduates of the TDC have to say.